4Q2025 | BAM Awarded “Top Guns” Status – Intermediate Taxable Strategy
Northfield, IL February 18, 2026 — Bernardi Asset Management’s (BAM) Intermediate Taxable strategy achieved “Top Guns” status within Zephyr’s PSN manager database 1-Year category. This means that BAM’s Intermediate taxable strategy had one of the top ten returns for the one-year period in their respective group. This follows up BAM’s taxable strategies recent “Top Guns” achievement for 3Q2025.
The strategies focus on high-grade taxable bonds, with a concentration in municipal securities. Taxable municipals generally offer attractive yield spreads versus Treasuries and CDs, with typically higher credit quality than comparable corporate bonds.
PSN Top Guns performance rankings are tabulated for thousands of strategies across 75 peer groups subdivided by increasingly rigorous screens and reported in various ascending classes.
About Bernardi
For over forty years, Bernardi has specialized in municipal bond portfolio management. The firm builds benchmark-independent municipal bond portfolios designed to maximize after-tax income. The firm offers both fee-only and non-fee strategies for individual and institutional investors.
About PSN
For nearly four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr’s PSN to effectively reach institutional and retail investors. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of nearly 40 years of data including net and gross-of-fee returns.
Contact us at (312) 281-2021 or [email protected] for more information.